Active Listing  ·  116 days on market

2500 Longview St #507

Austin, TX 78705
$515,000
2 Bed 2 Bath 1,119 sqft $460/sqft Built 2021 0.01 acres 2-Car Garage Pool Cascade Condominiums

Nestled on the top floor of the sought-after 2500 Longview St, Unit #507 is a serene escape in the heart of Austin. This 2-bedroom, 2-bathroom condo spans a well-designed 1,119 square feet, perfectly balancing comfort and style. From the moment you enter, you’re greeted by an inviting open floor plan that’s ideal for everything from cozy evenings at home to hosting gatherings with friends. Modern, high-quality finishes, flooring, sleek fixtures, and contemporary touches create a warm and sophisticated ambiance, ensuring this space feels like home the instant you walk through the door. This isn’t just a place to live, it’s a lifestyle. The secure building, complete with fob access, provides peace of mind while offering fantastic amenities that make every day feel like a getaway. Start your mornings with a workout in the fully equipped gym, then cool off or unwind by the outdoor pool, tucked into the lush greenery of the courtyard. The tranquil community atmosphere is the perfect backdrop for relaxation. The location doesn’t get much more ideal. Just steps away from North Lamar, you’re minutes from some of Austin’s best shopping, dining, and entertainment options. Whether you’re grabbing coffee, exploring boutique shops, or enjoying a night out, everything you need is right at your fingertips. Plus, with 2 reserved tandem parking spots, you’ll never have to worry about finding a place to park. Experience the perfect blend of comfort, convenience, and style at Unit #507. Schedule your tour today and see why this exceptional condo is more than just a home.

At $460/sqft, this home is priced 18% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2500 Longview St #507, Austin, TX 78705

Property Details

Price $515,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,119 sqft
Lot Size 0.01 acres (461.74 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Cascade Condominiums
County Travis
Zip Code 78705
$/sqft $460/sqft
Days on Market ,
HOA $441.09/Monthly
Annual Tax Est. $10,348.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225814473
List Date April 10, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
910 W 25th St #508
Galileo At 25 Condo
$515,000 $422 2 bd / 2 ba 1,220 sqft , 2026-04-01
1140 Webberville Rd #9
Ashton East Condominium Townhomes
$515,000 $437 2 bd / 3 ba 1,178 sqft , 2026-06-25
4802 Brighton Rd
Greenwood Forest Sec 02
$515,000 $438 3 bd / 2 ba 1,176 sqft , 2026-07-09
2110 Malvern Hill Dr
Southwest Oaks Sec 01
$515,000 $354 3 bd / 2 ba 1,453 sqft , 2026-07-14
3412 Georgia Lee Dr
Sycamore Detached Condo
$515,000 $346 2 bd / 3 ba 1,490 sqft , 2026-07-23

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,472/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$103,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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